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INDIAN TEA COMPANIES. 



(From the '^ J'iuncer's" Calcutta Commercial Reporter.) 



Calcutta, April-May 1887. 



Tka. — The report of the Managing Agents o)' the 

 Adulpore Terai Tea Company shows that the out- 

 turn was 684j maunds, against an estimate of 700 

 niauiuls and an outturn in 1885 of 690 maunds. The 

 price realized was As. 8-1 57 against As. 10-1 last season. 



'J'he report of the Managing Agents of the Bengal 

 Tea Company shows that the yield was 3,605 maunds, 

 against an estimate of 3,600 maunds and an outturn 

 in 1885 of 2,7'J5 maunds. The fine tea realized an aver- 

 age of As. 8| per lb. against As. 10 1-Gthsin 1885, and 

 the coarse 5"5-12ths per lb. against As. 65 in 1885. 

 The gross revenue for the year was Rl,37,17i!, and the 

 expenditure Rl,17,751, leaving a profit of K19,421, and, 

 adding the balance brought forward from 1885, the 

 amount at credit of Profit and Loss is R34,455. A 

 dividend of o per cent will be paid and K6,000 will 

 be carried forward. This is the first dividend for many 

 years. The area of the gardens under plant is 1,292;{ 

 acres. The estimate for 1887 are for a crop of 3,000 

 maunds fine, aud 1,400 maunds coarse, tea at au out- 

 lay of 111,42,400. The IManager hopes to plant out 200 

 acres of flat laud by next cold season. 



The report of the Directors of the Bishnauth Tea 

 Company discloses an outturn for tlie past year of 

 492,315 lb., against an estimate of 492,000 lb. and an 

 outturn of 331,412 lb. last year. The teas have all 

 been shipped, and so far have realized an average of 

 lOd per lb. against Is 3d per lb. last year. The revenue 

 account shows estimated receipts of K2,82,842 and an 

 expenditure of R2,49,582, leaving an estimated profit of 

 B33,260, and, adding the balance from last year, the 

 amount at Profit and Loss is expected to be K35,707, 

 which would admit of a dividend of 4 per cent. The 

 Dii'ectors propose to declare a dividend after realization 

 of the crop. The estimates for the current season are 

 for 7,650 maunds of tea at a cost of 3,05,700. The Cal- 

 cutta expenditure will be exceptionally heavy as it in- 

 cludes some R45,000, cost of coolies. The area under 

 tea is 1,550 acres. The dividend last year was 4 per 

 cent. The block account stands at R8,47,010. 



The report of the Directors of the Central Terai Tea 

 Company shows that the outturn was 1,916 maunds, 

 against an estimate of 1,850 maunds and a crop in 

 1885 of 1,577 maunds. The average price realized was 

 As. 7-6'64 per lb. As. 9-4 last season. 



The report of the Directors of the Cocheela Tea 

 Company discloses an outturn of 93,455 lb., against an 

 estimate of 90,000 lb. and an outturn in 1885 of 

 85,858 lb. The average price realized was As. 7 against 

 As. 9^ for the previous year. 



The report of the Directors of the Dehing Tea Com- 

 pany shows that the outturn was 5,196 maunds, 

 against an estimate of 4,700 maunds, and an outturn in 

 1885 of 4,348:^ maimds. The average price reahzed 

 was As. 7-11 against As. 9-5| in 1885. 



The report of the Managing Agents of the Dhunsiri 

 Tea Company shows that the outturn was 1,005 maunds, 

 against an estimate of 1,180 maunds and an outturn of 

 900 maunds in 1885, the average price realized being 

 A». 9 7-29 net against As. 12i per lb. last year. The 

 receipts for the year were E52,010 aud the expenditure 

 R50,913, leaving a profit of Rl,098, and, adding the 

 balance from last .season, the amount at credit of Pro- 

 fit and loss is Kl,296, which will be placed to credit 

 of Hew cultivation. The dividend last year was 5 per 

 cent. The area now under plant is estimated at 300 

 acres, and some 25 acres, are already cleared for plant- 

 ing out. The estimates for 18S7 are for a crop of 1,250 

 inaunds of tea at a local cost of As. 5 per lb. The Com- 

 pany have ordered the necessary machinery for a saw 

 mill to turn out 15,000 boxes a year, as a lot of fine 

 timber is available from the clearances, and the Agents 

 estimate a profit annually of at least R8,0U0 from this 

 aourc'e. The block account now stands at R1,56,G94. 



The report of the Directors of the East India Tea 

 Company shows that the crop was 310.250 lb., against 

 an estimate of 304.000 lb. and an outturn in 1885 of 

 300,1901b. The entire crop has been sold at an average 

 of As. 8-0^ per lb. agaiiast As. 10-5| in 1885, The 

 feceipts for the year ^§re Bl,53i784 aod tbe expeod« 



iture R1,70,4S2, leaving a loss OQ the working of 

 R16.698, and the debit balance at Profit and Lo.ss is 

 R16,549. The dividend last year was .3^ per cent. 

 The estimates for 1887 are for a crop of 4,782 maunds, 

 at an outlay of Rl, 72,000, or 7i As. laid down in Cal- 

 cutta. The area of the gardens under plant is 1,535 

 acres, and the block account stands in the books at 

 1110,10,060. 



Tiie report of the Directors of the Majagram Tea 

 Company shows that the outturn was 76,693 lb. against 

 au estimate of 88,000 lb. and a crop of 84,8831b. in 

 1885. Two severe hailstorms account for the deficiency. 

 The bulk of the tea was sold in Calcutta at an average 

 of As. 6-7 per lb. aud 13,785 lb. in London at an equiv- 

 alent of As. 7. 



The report of the Directors of the Monacherra Tea 

 Company .shows an outturn of 2,039 maunds, against an 

 estimate of 1,925 maunds and a Ci-op in 1885 of 1,8(J9 

 maunds. The average prices realized were : — 



Fine Tea. 1886. 1885. 



Monacherra per lb. As. 8-1 As. lO-o 



Julnacherra „ „ 7-7 „ 9-10 

 Coarse Teas. 



Monacherra ,, ,, 5-8 „ 6-7 



Julnacherra ,, ,, 3-10 „ 6-1 



Tlie report of the Directors ot the Mothola Tea Com- 

 pany shows that the outturn was 1,470 4-5ths maunds, 

 against an estimate of 1,100 maunds and a crop in 1885 of 

 1,351| maunds, the average price realized being As. 

 10-2i per lb. gross against As. 9-10 in 1885. 



The report of the managing agents of the Pashok 

 Tea Company shows that the outturn was 1,433 maunds, 

 against an estimate of 1,450 maunds and a crop in 

 1885 of 1,369 maunds. The teas were nearly all dis- 

 posed of in London, and the average realized for the 

 whole crop was As. 7-10 net in Calcutta, against 

 As. 10-4 obtained last year. 



The report of the Director of the Runglee Rungliot 

 Tea Company shows that the outturn was 1,400 maunds 

 against an estimate of 1,250 maunds and a crop in 

 1885 of 1,250 maunds. The average price expected 

 to be realized is As. 9-8 against As. 10-10 for the pre- 

 vious season. 



The report cf the Managing Agents of the Sapa- 

 kati Tea Company shows that the crop was 107,145 lb. 

 against an estimate of 96,000 lb., aud an outturn in 

 1885 of 95,375 lb. Some 80,415 lb. were disposed of in 

 London at 8|d per lb., and sales in Calcutta realized 

 As. 8-10 per lb. The average price last year was As. 9-2 

 per lb. 



The report of the Managing Agents of the Shum- 

 shernugger Tea Company shows that the yield was 

 3,745 maunds, against an estimate of 2,800 maunds and 

 an outturn in 1885 of 3,070 maunds, the average price 

 realized being As. 7| against As. 10 last year. 



Tea. — The report of the Managing Agents of the 

 Bargang Tea Company shows that the outturn wag 

 88,579 lb. against an estimate of 7fi,000 lb. The teas 

 which were of fair quality were shipped to London 

 and have almost all been disposed of at Is per 

 lb. which is equal to As. lOi in Calcutta. The re- 

 ceipta are put down at R58,676 and the expenditure 

 at R3S),718, leaving a profit on the season's opera- 

 tions of R18,958, and adding the balance from 1885, 

 the amount at credit of profit and loss is 1119,947. 

 A dividend of 10 per cent is recommended, and the 

 transfer of R5,000 to a working capital account, carry- 

 ing forward R397. The estimates for 1887 are for 

 a crop of 1,100 maunds at an outlay of R43,000, Ths 

 area of the gardens under plant is 271 acres and the 

 Block Account stands at Rl,48,500. The report ia 

 satisfactory. 



The report of the Managing Agents of the Good 

 Hope Tea Company ia in accordance with its name; 

 it discloses an outturn of 2,214 maunds against an 

 estimate of 1,800, a crop in 1885 of 1,616 and in 

 1884 of J ,301 niamids a record of steady and sub- 

 stantvU progress. The average prices realised were 

 As 9; against As 12i -m 1885 and As. 93 

 in 1884. Had prices kept up the results would 

 have beeu truly magnificent. The revenue for the 

 yeas v/ag Bl,03,9i^§ aud tbe es peoditurs B7&,8i^ 



